Do DApp with a smartphone, Samsung releases blockchain development kit

Samsung released a series of tools earlier today that would make it easier for developers to build decentralized applications (DApps) on their Galaxy S10 smartphones at a lower cost—only supporting the Ethereum blockchain. The move further proves that the electronics giant favors Ethereum rather than other blockchains.

Dapp

The new SDK (Software Development Kit) will bring more developers to Samsung's Galaxy line of smartphones, which have been upgraded accordingly. Samsung's other series of smartphones will support Ethereum development in the near future.

Samsung said developers will be better able to manage blockchain accounts, streamline transactions, use real-time encrypted exchange rates to more easily estimate costs, and provide payment gateways for cryptocurrency transfers.

To use this payment solution, DApps need to access the Samsung keystore, a device-level private key storage system placed in its security layer Knox. The company explained that the new SDK now "not only links users to the Samsung key repository, but also links users to external cold wallets."

The electronics giant has released tools for mobile DApp development, which is good news for Ethereum. But the company's smartphone business's support for the world's second-largest blockchain has not yet extended to many other blockchains.

In April of this year, Samsung executive Moritz von Widekind said that the company's blockchain platform has its own consensus algorithm, but also adopted the HyperLedger and Ethereum agreements. He added that the latter would be used in situations where smart contracts are needed, such as protecting the artist's music copyright.

Samsung’s announcement on its blockchain SDK lacks specific details, so Ethereum developers don’t seem to respond too much.

1

This final version of the SDK will be released by the end of 2019. At the same time, developers from Canada, South Korea and the United States can work with Samsung to use the current beta.

Samsung launched the Galaxy S10 in February this year, which includes a cryptocurrency wallet that supports Ethereum and ERC20 tokens, but support for DApp development is limited.

At the time of launch, this wallet only supports four DApps: Enjin, the encryption game platform, Cosmee, the collection platform CryptoKitties, and the merchant payment service CoinDuck.

At the same time, there are news that Samsung is developing its own cryptocurrency.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Policy

The Shocking Revelation: When Alameda Research Borrowed More Than Just a Cup of Sugar from FTX

Exclusive Leaked Audio from Alameda Research Meeting Exposes Caroline Ellison's Disclosure of Misuse of FTX Deposits ...

Opinion

Research on the major wallet risks of Binance, KuCoin, and Jump: Are assets stored in large institutions 100% safe?

Undoubtedly, mainstream exchanges and institutions have invested a significant amount of funds and manpower in networ...

Blockchain

Babbitt Column | Money Money Risk Avoidance Guide for Digital Currency Trading Subjects

The anonymity and complexity of digital currency trading make trading participants and trading platforms face many ri...

Blockchain

Hong Kong Cryptocurrency New Policy's One-Year Anniversary A Year of Major Leaps and Key Milestone Review

Over the past year, Hong Kong has made great progress and shown strategic development in virtual asset policies. Sinc...

Blockchain

The Digital Currency in the Eyes of Economists - The Exchange: The Glory of the King

Digital Currency in the Eyes of Economists: Series Preface The digital currency in the eyes of economists – Cla...

Blockchain

The US Department of Justice accuses SBF of misappropriating over $100 million of customer deposits for political donations.

Sam Bankman-Fried is said to have used over 100 million dollars of user funds to provide campaign donations for both ...